Lithium-Ion Battery Market Size, Share, Trend, Forecast, & Industry Analysis

Lithium-ion battery market was estimated at USD 41.52 Billion in 2021 and is likely to grow at a CAGR of 15.2% during 2022-2028 to reach USD 111.79 Billion in 2028. The increasing demand for consumer electronic products. Increasing adoption of lithium-ion batteries in the renewable energy sector and plug-in vehicles.